1416 Salisbury Avenue, Albemarle, NC 28001

Albemarle
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: steven ross
Office: premier real estate team inc.
MLS#:4315800
Source:CH
1416 Salisbury Avenue,Albemarle, NC 28001
$1,400,000
  • - Beds
  • - Baths
  • 6,144 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$227.86

About this home

Rare chance to acquire a portfolio of three duplexes (six total units) located in the growing city of Albemarle, North Carolina. All units are currently renting at $1,350 per door, providing reliable, predictable income from day one. 3 total buildings / 6 total units — sold as a package. Albemarle is a fast-developing regional hub within commuting range of Charlotte, yet still offers residents the small-town comfort investors love: expanding job market, affordable cost of living, quality schools, and proximity to lakes, parks, and outdoor recreation (Morrow Mountain, Badin Lake, Uwharrie National Forest). The city has been steadily attracting both residents and small business investment — the exact formula that supports long-term rent growth. This is the ideal play for investors seeking cash flow in a growth corridor without the volatility and pricing wars of the major metros. Duplexes are among the most resilient asset classes in residential real estate — easy to lease, easy to...

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Home facts

  • Year built:2025
  • Listing ID #:4315800
  • Updated:March 30, 2026 at 01:20 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Kitchen Description:Dishwasher, Electric Oven, Electric Range, Microwave
  • Living area:6,144 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:2025
  • Building area:6,144 sq. ft.
  • Lot area:0.93 Acres
  • Construction Materials:Vinyl
  • Foundation Description:Slab

Schools

  • High school:Unspecified
  • Elementary school:Unspecified

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$227.86

Features and amenities

  • Laundry features:In Kitchen

Parking

  • Parking description:Driveway
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